moparnut
Administrator
FCA US, whatremains of the former Chrysler Corporation, is not just less profitable than in 1998, when Chrysler was the darling of the worldwide auto industry; italso employsaround half as many people.
Figures released yesterdayshow that employment went plummeting downwards from 2000 to 2009, for both UAW hourly and UAW salaried employees (non-union employees were not mentioned). 2009, the year Fiat took over, was the turning point, with employment gainingfor both hourly (from 21,823 to 36,643 people) and salaried (from 2,580 to 3,377) people.
The 2015 figure is from June; other figures are from the end of the year.
Profit sharing is higher now than at any time since Daimler replaced the old Chrysler management. Employees got $4,300 to $8,100 from 1993 to 1999; then either nothing or small amounts every year through 2010, the highest (by far) being $1,500 in 2004. (...) →
Chrysler Is Half Its Pre-Daimler Size is from Allpar News.
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Figures released yesterdayshow that employment went plummeting downwards from 2000 to 2009, for both UAW hourly and UAW salaried employees (non-union employees were not mentioned). 2009, the year Fiat took over, was the turning point, with employment gainingfor both hourly (from 21,823 to 36,643 people) and salaried (from 2,580 to 3,377) people.
The 2015 figure is from June; other figures are from the end of the year.
Profit sharing is higher now than at any time since Daimler replaced the old Chrysler management. Employees got $4,300 to $8,100 from 1993 to 1999; then either nothing or small amounts every year through 2010, the highest (by far) being $1,500 in 2004. (...) →
Chrysler Is Half Its Pre-Daimler Size is from Allpar News.
More...